About Cartus India Private Limited
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Cartus India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Cartus Corporation. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 06 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2010FTC056141. Its GSTIN is 29AAECC2213N1ZM (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including David Andrew Pascoe and Robert Arthur Line.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Indiqube Golf View Homes Nal Wind Tunnel Road Murgeshpalaya Rustam Bagh Layout, Bangalore, Karnataka, India – 560017.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.78 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹15.32 Cr (net margin 37.6%) and EBITDA of ₹21.43 Cr (EBITDA margin 52.5%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 40% over five years.
The company has about 133 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cartus.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cartus.com.
Company details
Contact details
Cartus India Private Limited's registered office is in Bangalore, Karnataka. Its website is cartus.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndiqube Golf View Homes Nal Wind Tunnel Road Murgeshpalaya Rustam Bagh Layout, Bangalore, Karnataka, India – 560017
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Cartus India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Cartus India operates one associated brand: Cartus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Global relocation services are provided by Cartus to clients worldwide. | cartus.com |
Business activity
The main business activity of Cartus India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Cartus India Private Limited, buy the company report.
Financials of Cartus India Private Limited
FY 2024 filings availableCartus India Private Limited reported revenue of ₹40.78 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 43% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹21.43 Cr | ||||
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| Net Profit (PAT) | ₹15.32 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 52.5% | ||||
| Net Profit Margin | 37.6% | ||||
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To see the full financial statements and ratios of Cartus India Private Limited, buy the company report.
Board of directors of Cartus India Private Limited
Cartus India has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| David Andrew Pascoe | Director | 19 Apr 2021 | 5 Years 6 Months | Current |
| Robert Arthur Line | Director | 13 Oct 2019 | 7 Years 0 Months | Current |
| Stephanie Ann Dempsey | Director | 13 Dec 2022 | 3 Years 10 Months | Current |
| Priyanka Guha | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Cartus India Private Limited is audited by Khandekar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khandekar & Associates | FY 2023 | 105037W |
Shareholding
The shareholding of Cartus India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cartus India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cartus India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Cartus India Private Limited has 7 MSME Form 1 returns on record between 2022 and 2023, listing 360 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Formula Corporate Solutions India Private Limited | |||
| Paul Resorts & Hotels Private Limited | |||
| Future Businesstech India Private Limited |
To see the full MSME payment records of Cartus India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cartus India Private Limited has a workforce of 133 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Cartus India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECC2213N1ZM | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cartus India Private Limited, buy the company report.
Recent activity
Cartus India Private Limited has 13 board changes on record since 2015: 4 appointments and 9 cessations. The latest: Stephanie Ann Dempsey ceased to be Additional Director on 27 Sep 2023.
4 earlier events are in the company report.
Frequently asked questions
Cartus India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 06 December 2010 (16+ years old) and is registered under CIN U74900KA2010FTC056141.
Cartus India has 4 current directors:
- David Andrew Pascoe - Director
- Robert Arthur Line - Director
- Stephanie Ann Dempsey - Director
- Priyanka Guha - Director
The latest financial statements of Cartus India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Cartus India is 29AAECC2213N1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Cartus India is U74900KA2010FTC056141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cartus India was incorporated on 06 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Stephanie Ann Dempsey ceased to be Additional Director on 27 Sep 2023. Stephanie Ann Dempsey was appointed as Director on 13 Dec 2022. David Andrew Pascoe ceased to be Additional Director on 29 Sep 2021. Cartus India has 13 board changes on record in total.
Cartus India has 7 MSME Form 1 returns on record between 2022 and 2023, listing 360 overdue payments to 3 micro and small suppliers. The latest return was filed on 18 Dec 2023.
Cartus India can be reached through the website cartus.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Cartus India is at Indiqube Golf View Homes Nal Wind Tunnel Road Murgeshpalaya Rustam Bagh Layout, Bangalore, Karnataka, India – 560017.
Cartus India operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
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